FAST NEWS: CTG Duty Free replaces auditors
The latest: Duty-free store operator China Tourism Group (CTG) Duty Free Corp. Ltd. (1880.HK; 601888.SH) announced on Monday that it plans to appoint Ernst & Young Hua Ming and Ernst…
U.S. gives failing marks to independent auditors of New York-listed Chinese companies
The accounting arm of the U.S. securities regulator found major problems with work done by two independent auditors for seven of eight Chinese companies it inspected Key Takeaways: The accounting…
FAST NEWS: Rise Education Hits All-Time Low After Auditor Resignation
The latest: Rise Education Cayman Ltd. (REDU.US) announced that Ernst & Young Hua Ming LLP (EY) resigned as its independent auditor effective Nov. 19. Looking up: EY’s resignation isn’t related to suspicions…